The Ministry of Commerce of the People's Republic of China announced the anti-dumping duties of 5%-10.7% would be implemented on styrene monomer from South Korea, Taiwan, and the US, with effect from February 13. The duty varies according to the company from which the cargo is produced, and will be paid to China's General Administration of Customs.
The Hanwha Total Petrochemical Company with dutiable level of 7.8%, Yeochun NCC Company with 7.8%, Lotte Chemical Corporation with 8.4% LG Chemical with 8.0%,SK Global Chemical with 8.0%,All other Korean companies with 8.4%, Taiwan Chemical Fiber Company with 5.0%, All other Taiwanese companies with 5.0%, Lyondell Chemical Company with 9.2%, Westlake Styrene with 10.7%, INEOS Styrolution America with 9.6%, Americas Styrenics with 9.6% and All other US companies with 10.7%.
